News Snapshot:
US bans state-funded tech giants from building new factories in China US technology companies, which will receive funding from the state budget, will not be able to build facilities in China using advanced technologies for 10 years. This was stated by US Secretary of Commerce Gina Raimondo. ⠀ We are talking about the so-called bill on chips, for the implementation of which $52.7 billion was allocated. In August, the document was approved by the US Congress. Its goal is to strengthen the competitiveness of the semiconductor industry in the United States, where Taiwan, South Korea, Japan and Singapore are among...
